Nixon: tax credit changes to be a priority in 2013 - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Nixon: tax credit changes to be a priority in 2013

JEFFERSON CITY, Mo. (AP) - Gov. Jay Nixon says tax credit reform will be a priority issue when the Missouri Legislature convenes next year.

Nixon spoke Wednesday to members of a tax credit review panel that he has revived to recommend changes to Missouri?s roughly 60 different tax credit programs.

The commission compiled a report in 2010 that suggested some tax credits should be eliminated and others should be pared back, including incentives for the development of low-income housing and the renovation of historic buildings. Nixon reconvened the panel because tax credit costs have risen 20% since then.

The governor wants the commission to update its original recommendations by Dec. 5. The commission met for the first time Wednesday at the state Capitol.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Heartland NewsNewsMore>>

  • breaking

    FIRST ALERT ACTION DAY Today due to severe weather

    FIRST ALERT ACTION DAY Today due to severe weather

    Friday, July 20 2018 9:37 AM EDT2018-07-20 13:37:03 GMT
    A First Alert Action Day has been declared for today, July 20 due to severe weather. (Source: KFVS)A First Alert Action Day has been declared for today, July 20 due to severe weather. (Source: KFVS)

    A First Alert Action Day is being issued for Friday due to the threat of significant severe weather late in the day and into the evening.

    A First Alert Action Day is being issued for Friday due to the threat of significant severe weather late in the day and into the evening.

  • Victim identified in deadly shooting in Caruthersville

    Victim identified in deadly shooting in Caruthersville

    Friday, July 20 2018 8:40 AM EDT2018-07-20 12:40:09 GMT
    Caruthersville Police are investigating a deadly shooting. (Courtesy: Rob Foote, KFVS)Caruthersville Police are investigating a deadly shooting. (Courtesy: Rob Foote, KFVS)

    Caruthersville police chief Tony Jones says his department is investigating a deadly shooting. 

    Caruthersville police chief Tony Jones says his department is investigating a deadly shooting. 

  • First Alert Action Day: Keep your weather app handy

    First Alert Action Day: Keep your weather app handy

    Friday, July 20 2018 8:11 AM EDT2018-07-20 12:11:44 GMT
    First Alert Action Day due to storm threat today. (Source: KFVS)First Alert Action Day due to storm threat today. (Source: KFVS)
    First Alert Action Day due to storm threat today. (Source: KFVS)First Alert Action Day due to storm threat today. (Source: KFVS)

    This afternoon and evening could get rough for parts of the Heartland. Lisa Michaels says parts of the Heartland were upgraded to a moderate risk of severe weather. Large hail, heavy winds and isolated tornadoes are the primary threats.  Stay with First Alert Weather for the very latest.  It's a good idea to keep your mobile devices charged in case there are any power outages. 

    This afternoon and evening could get rough for parts of the Heartland. Lisa Michaels says parts of the Heartland were upgraded to a moderate risk of severe weather. Large hail, heavy winds and isolated tornadoes are the primary threats.  Stay with First Alert Weather for the very latest.  It's a good idea to keep your mobile devices charged in case there are any power outages. 

Powered by Frankly